New Delhi: In a significant gesture towards honoring the sacrifices of India’s armed forces, REC Limited, a Maharatna CPSE under the Ministry of Power, has pledged ₹20 crore through its CSR arm, REC Foundation, to the Armed Forces Flag Day Fund (AFFDF). This contribution aims to support the education of 16,667 children belonging to ex-servicemen, war widows, and martyrs’ families from the Army, Navy, and Air Force.
The agreement was formalized through a Memorandum of Agreement (MoA) signed between Mr. Pradeep Fellows, Executive Director (CSR), REC Limited, and Brigadier D.S. Basera, Secretary, Kendriya Sainik Board, during a formal ceremony in New Delhi.
Enabling Educational Access and Social Security
The ₹20 crore grant will be disbursed under the Armed Forces Flag Day Fund’s scholarship program, which directly benefits children of armed forces personnel, particularly those who have made the ultimate sacrifice in service to the nation. This move reinforces REC’s continued dedication to social justice and nation-building.
Notably, in the last two financial years, REC Foundation has already contributed ₹30 crore towards the AFFDF, making this year’s support a cumulative commitment of ₹50 crore in recent times.
Strengthening the Spirit of Gratitude
This contribution is a key part of REC’s Corporate Social Responsibility (CSR) strategy aimed at supporting vulnerable and underserved communities through targeted interventions in education, healthcare, rural development, and now, welfare of armed forces families. It is also aligned with the Government of India’s efforts to strengthen public-private collaboration in supporting servicemen and their families.
The initiative is seen not just as financial support, but as a symbolic tribute to the bravery and sacrifices made by India’s soldiers and their families.
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About REC Limited
REC Limited (formerly Rural Electrification Corporation Limited) is a Maharatna Central Public Sector Undertaking (CPSU) under the Ministry of Power, Government of India. Established in 1969, REC is a leading non-banking financial company (NBFC), playing a pivotal role in financing and promoting power sector development across India.
